STICKY WAGE THEORY
Economic theory stipulating the salary of employees tend to react slowly to the changes in the overall performance of a company or a wider firm. Their wages will remain the same or increase at a slower rate than before when unemployment escalates. Specifically, wages are considered sticky-down since this can move up easily but decline with difficulty.
POPULAR TERMS
Fujio Cho
Cho is the chairman and former President of Toyota Motor Corporation. He first joined the company in 1960, became president in 1999, and chairman i ...
HAM
A now-defunct exchange which was located in Hamburg, Germany. HAM traded bonds, stocks, and other securities.
Gift Tax
Federal tax applicable to an individual who gives any item of value to another individual. In order for an item to be considered a gift, the recipi ...
Operating Cash Flow - OCF
OCF is important because it shows if a company is able to generate enough positive cash flow in order to maintain its operations. I is calculated t ...
Export Incentives
Legal, monetary, or tax incentives designed to attract businesses to export some types of goods or services. The government gives export subsidy to ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Mar | |
| 07:00 | Leading Indicators | Feb | |
| 08:00 | Halifax House Price Index | Mar | |
| 08:00 | Industrial Production | Feb | |
| 08:00 | Trade Balance | Feb | |
| 09:00 | Foreign Currency Reserves | Mar | |
| 10:30 | Sentix Investor Confidence | Apr | |
| 11:00 | Retail Sales | Feb | |
| 21:00 | Consumer Credit | Feb |
